Engagement and Partnerships: the IOC publishes 2023 Annual Report and Financial Statements

The report includes the audited consolidated financial statements for 2023, as well as the IOC Members’ Indemnity Policy. In keeping with its commitment to good governance and transparency, the IOC has voluntarily chosen to prepare the consolidated financial statements in accordance with the IFRS Accounting Standards, even though the organisation is not legally obliged to comply with these higher standards.

Thanks to the continued and steadfast support of the IOC’s commercial partners, the organisation is in a position of strength and stability and has every reason to be confident about the long-term future, even in the face of global uncertainty. In the last year again, the IOC, which is entirely privately funded, has continued to redistribute 90 per cent of distributable revenues to support the organisation of the Olympic Games, the promotion of athletes and sport at all levels worldwide, and the dissemination of the Olympic values of peace and solidarity. This is the equivalent of USD 4.2 million per day. In 2023, the IOC re-distributed USD 600 million.

Among the highlights of the year:

The IOC’s Digital Strategy achieved record reach and engagement on the IOC’s digital and social media platforms

Olympics.com reached 115 million unique users in 2023, an increase of 28 per cent compared to 2022

@Olympics social media handles had 110 million followers, with an average of 640 million monthly engagements, a 966 per cent increase since 2020

The first-ever edition of the Olympic Esports Week took place in Singapore in June

550,000 participants took part

503,000 unique users followed on Olympics.com

20.9 million engagements were registered on @Olympics social media handles

The Athlete365 platform continued to support athletes with athlete welfare and education programmes, including safeguarding and mental health initiatives

170,000+ active members signed up to Athlete365 by the end of 2023

11,570 learners registered on the platform

19,092 course enrolments were registered and 6,204 courses completed

1 million+ page views were logged

In other highlights, the Olympic Agenda 2020+5 reached its mid-way point, providing an opportunity to assess progress. The achievements, too numerous to mention here, are summarised in Section 8 of the Annual Report.

The IOC’s mission of peace and solidarity also continued to take centre stage in 2023. Olympic Solidarity provided vital support to athletes and NOCs, particularly those in areas afflicted by conflict and disaster. Meanwhile, the Olympic Movement’s commitment to sustainability continued apace with concerted actions to enhance sustainability, gender equality and inclusion, and human rights across all operations. All these efforts will be clearly on display during the Olympic Games Paris 2024, where the IOC has allocated equal quota places to female and male athletes, for example, and where the carbon footprint has been halved in relation to London 2012 and Rio 2016.

Finally, the IOC further strengthened its commitment to good governance and transparency, stepping up support for anti-doping initiatives and increasing efforts to prevent manipulation of sporting competitions.

None of these successes could have been achieved without the continued support and commitment of the IOC’s commercial partners, to whom the organisation expresses its gratitude. This support is reflected in the signing of new commercial partnerships and media-rights agreements.

The IOC Annual Report 2023 is accessible online at: 2023 IOC Annual Report